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Income Per Share (Tables)
 6 Months Ended
Jun. 30, 2020
Income Per Share  
Schedule of Computation of Basic and Diluted Income Per Share

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

 

(in thousands, except per share amounts)

 

Net income

 

$8,605

 

 

$9,664

 

 

$17,502

 

 

$19,102

 

Weighted average basic shares outstanding

 

 

1,835

 

 

 

1,854

 

 

 

1,844

 

 

 

1,854

 

Add: Effect of dilutive securities

 

 

4

 

 

 

10

 

 

 

5

 

 

 

9

 

Weighted average diluted shares outstanding

 

 

1,839

 

 

 

1,864

 

 

 

1,849

 

 

 

1,863

 

Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$4.69

 

 

$5.21

 

 

$9.49

 

 

$10.30

 

Diluted

 

$4.68

 

 

$5.18

 

 

$9.47

 

 

$10.25